How Bitcoin and Altcoins Are Doing: Markets Overview (January 11th) - Coin Newsletter

How are Bitcoin and altcoins doing: An overview of the markets (January 11)

  • Bitcoin/USDT is trading at 45,687 against the Turkish lira at 1,374,001 TL, down 0.7% at the time of writing.
  • Ethereum (ETH) is up 8.3% to 2,575, BNB (BNB) is up 0.6% to 302.7, Ripple (XRP) is up 3.9% to 0.587, Avalanche (AVAX) is up 9.4% to 37.8, Cardano (ADA) is up 10.4 to 0.562 and Solana (SOL) is down 0.6 to $98.6 **.
  • In the last 24-hour period, Ethereum Classic (ETC) was the altcoin that rose the most with an increase of 30.4%, while Bittensor (TAO) was the altcoin whose price decreased the most with a decrease of 5.2%. Ethereum Classic (ETC) is trading at $27.2, while Bittensor (TAO) is trading at 235.
  • The US Dollar Index (DXY) was up 0.03% at 102.54.
  • Bitcoin's market cap is around $901 billion, while the total cryptocurrency market cap is around $1.79 trillion.
  • The volume of the 24-hour cryptocurrency market is around $129 billion.
  • Dollar/TL started the new day at 29.97 with an increase of 0.18%****, Euro/TL parity started the new day at 33 with an increase of 0.44%.
  • In the last 24-hour period, $216 million has been liquidated from the cryptocurrency market, while more than 70 thousand cryptocurrency investors have been affected.
  • 61.29% of the liquidated positions were long positions, with the highest number of liquidations occurring in Bitcoin (BTC).
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